The Ongoing Credit Agency End Game
The regulatory reforms of the Credit Agencies are coming soon. All I can say is its long overdue. AP excerpt via Yahoo: “Federal...
Baltic Dry Index, lowest since May
The Baltic Dry Index has fallen today to the lowest level since mid May, down for a 6th straight day at 2,356. It still remains 255% off...
Morning Stuff
Following the two biggest back to back volume days since early August, we’ll get today another above trend volume day solely due to...
Dow Unchanged Since 9/11 But Don’t Bet Against America,...
~~~ Excerpt: The anniversary of Lehman’s bankruptcy has come and gone, and so too has the commemoration of the 9/11 terror attacks....
So Much For High Frequency Trading
The Securities and Exchange Commission has proposed halting high frequency and flash trading. In response, Nasdaq (and others) are now...
Too Much Debt? We Need MORE Debt, Says Ken Fisher
> Note that TBP had a similar debt in 2005: James Altucher: “The Underlevered American Household”
Is the Rally Ending, or Does it Have More to Go?
OK, its time for round 2, Shedlock vs. Ritholtz. You may recall that last time, Mish & I disagreed as to whether this was a recession...
1121 in the S&P’s a key level
With a few weeks left in Q3 and as we look to year end, the S&P’s are approaching the important technical level of 1121 which...
Boat Repos Are Booming
One of my favorite sites is Yachtworld.com — its a giant relational database, where you can punch in any combination of...